BW Dry Cargo has concluded a deal to sell its only supramax as values show weakness amid the reopening of the bulker sale-and-purchase market.
European brokers said the Copenhagen-based bulker owner — a division of Singapore's BW Group — has sold the 58,000-dwt BW Flax (built 2010).
The Tsuneishi Heavy Industries (Cebu)-built ship has gone to a Greek buyer for $10.5m,
